EU watchdogs alerted banks on Brexit risks for capital buffers
Reuters – Banks in the European Union have been told they may face large capital gaps if the bloc and Britain do not agree on […]
Month: September 2017
UK CAA: Ryanair provided misleading information about passenger rights
Reuters – Ryanair, Europe’s busiest airline, was warned to deliver “action, not words” by British aviation authorities on Thursday after it failed to inform 400,000 customers […]
Spiegel: Fraport wants 70 mln€ rebate from Greek state for poor condition of 14 airports it recently took over
Naftemporiki –The consortium that recently assumed the management of 14 regional airports around Greece – including ones in the best-known tourism destinations – wants a […]
Crete National Observatory stations provide snow data for Greece and Europe
Tornos News — Two fully equipped meteorological and snow-measurement stations on Crete island, set up by researchers of the National Athens Observatory and SCiENTACT company, […]
Schaeuble to step down as German finance minister
FT – Wolfgang Schaeuble, the powerful German finance minister and austerity advocate, is to step down from his position in a move that could usher […]
Ryanair cancels more flights – ALL Chania winter routes affected
Ryanair announced on Wednesday 27 September that ‘it will slow its growth this winter (Nov 17 to Mar 18), by flying 25 less aircraft’ from […]
Brexit no deterrent as Italians, Greeks still seek jobs in U.K
Bloomberg — No matter what Brexit might have in store for foreigners, the U.K. remains a powerful magnet for youth from Italy and Greece looking […]
In Crete, EU strives for clean energy transition on islands
New Europe — The first Clean Energy for EU Islands Forum was launched in Chania, Crete, on September 22 as part of an effort to […]
Visiting Crete? Head inland
The Mail – Hiring cars is easy as there are rows of competing rental outfits along the coast. And it doesn’t take long to discover […]
Dijsselbloem – Upcoming review to pave the way to ‘clean’ bailout exit
Reuters – Greece must wrap up an upcoming bailout review quickly to pave the way for a “clean” bailout exit next summer without further conditions […]
Tourism Ministry seeking to make Crete an all year round destination – Direct air links is the key
GTP — Greek Tourism Minister Elena Kountoura recently presented the national and regional tourism policy for the development of Crete and its promotion as a 365 days […]
More lenient rules for legalising properties on the way
eKathimerini — Homeowners found to be in violation of building regulations will be able to pay their fine in 80 installments instead of 60 as […]
Island properties attract more foreign buyers
eKathimerini — The rise of tourism and the popularity of certain destinations such as Myconos and Santorini have sent demand for and purchases of luxury […]
German election – Chastened Merkel braces for coalition tussle after vote
Reuters – Germany’s Angela Merkel turns to the task of sounding out partners to build a coalition government after securing a fourth term as chancellor […]
Desertification: The very real threat to Cyprus and Crete
Argophilia — Not all news from paradise is positive these days as unsustainable practices and the global warming trend threatens to turn Cyprus, Crete and […]